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  5. Santiane Group Acquires AB Concept

M&A Deal Summary

Santiane Group Acquires AB Concept

On May 19, 2014, Santiane Group acquired information technology company AB Concept

Acquisition Highlights
  • This is Santiane Group’s 1st transaction in the Information Technology sector.
  • This is Santiane Group’s 2nd transaction in France.

M&A Deal Summary
Date 2014-05-19
Target AB Concept
Sector Information Technology
Buyer(s) Santiane Group
Deal Type Add-on Acquisition

Target

AB Concept

Champigny-sur-Marne, France
AB Concept (Stel Assurances) is a provider of IT solutions to insurance brokers and general agents.

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Buyer(S) 1

Buyer

Santiane Group

Paris, France
Category Company
Founded 2006
Sector Insurance
DESCRIPTION

Santiane Group is an insurance firm specializing in health insurance brokerage for individuals and companies. Santiane Group was founded in 2006 and is based in Paris, France.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: France M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-19 Courtage Street SAS

Paris, France

Courtage Street SAS is an IT company specialized in the creation of tools dedicated to insurance brokers.

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